Alibaba Group

Alibaba plans to spin-off of its cloud computing business and said Thursday that its logistics and grocery units will explore initial public offerings as the Chinese e-commerce company kickstarts a restructuring of its operations in hopes…

E-commerce and tech giant Alibaba's cloud computing division will cut prices for its products and services by up to 50% starting Wednesday, stepping up efforts to fight for a bigger slice of China's cloud market amid rising competition.…

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Alibaba Group said on Thursday it will look to monetise non-core assets and consider giving up control of some businesses, as the Chinese tech conglomerate reinvents itself after a regulatory crackdown that wiped 70% off its shares.Group…

Alibaba, China's biggest e-commerce company, has announced plans to split its business into six groups, in one of the most significant overhauls of a leading Chinese tech firm to date.Below is what we know about this major shake-up:What is…

One of China’s most high-profile bankers has vanished, the company he runs has reported. It’s the latest incident of a business leader going missing in the country – and Beijing is suspected of being behind the disappearing act. Bao Fan,…

Chinese organisations, from state media to a Shaolin temple, said on Tuesday they have signed partnerships with Baidu's ChatGPT-style project, ahead of an expected launch next month. The Chinese search engine giant last week announced that…

China's Alibaba Group on Wednesday said it is developing a ChatGPT style artificial intelligence (AI) tool and that it was currently in internal testing.Microsoft-backed chatbot sensation ChatGPT - which can generate articles, essays, jokes…

Chinese President Xi Jinping’s power grab has spooked investors and sparked a huge sell-off in Hong Kong.The Hang Seng China Enterprises Index, which measures Chinese stocks listed in Hong Kong, sank 7.3 per cent. That’s the worst plunge…